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100-DMA Capping *RES 4:............>

DOLLAR-WON TECHS
DOLLAR-WON TECHS: 100-DMA Capping
*RES 4: Krw1110.5 - Low Nov 7 now resistance
*RES 3: Krw1107.5 - High Nov 16
*RES 2: Krw1101.4 - High Nov 20
*RES 1: Krw1099.7 - 100-DMA
*PRICE: Krw1091.5 @ 2300GMT
*SUP 1: Krw1087.6 - Low Feb 5
*SUP 2: Krw1082.8 - High Dec 21 now support
*SUP 3: Krw1078.2 - 55-DMA
*SUP 4: Krw1076.0 - High Dec 28 now support
*COMMENTARY: Having closed above the 55-DMA Friday for the first time since Oct
bulls took comfort in the gapping move Monday that now sees focus on the
Krw1099.7-1101.4 region where the 100-DMA is located. Bulls need a close above
Krw1101.4 to pressure Krw1107.5-1116.6 where the 200-DMA is located. Bears now
look for a close below Krw1082.8 to ease bullish pressure and below Krw1073.9 to
hint at a move back to 2018 lows.

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